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Condo buildings in the Leslieville area of Toronto, April 2013. (Deborah Baic/The Globe and Mail)
Condo buildings in the Leslieville area of Toronto, April 2013. (Deborah Baic/The Globe and Mail)

Money matters

Carrick on money: Condos and the dreaded special assessment Add to ...

The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.

Condos and the dreaded special assessment
A blogger highlights how motivated condo sellers in Ottawa are, as seen by them offering to cover the cost of special assessments in the building. He also links to an Ottawa Citizen article on a building where owners have been asked to pay between $40,000 and $66,000 on top of their regular condo fees.

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Join the 35,000+ people who subscribe to my Facebook personal finance community for talk about investing, retirement, real estate, banking and other financial matters. I’m also on Twitter.

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